Quintiles Transitional Holdings (Q) Shares are Up 3.29%

Quintiles Transitional Holdings (Q) : Traders are bullish on Quintiles Transitional Holdings (Q) as it has outperformed the S&P 500 by a margin of 9.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.29% in the last 1 week, and is up 16.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Quintiles Transitional Holdings (NYSE:Q): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.99 and $72.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.03, notching a gain of 1.56% for the day. The total traded volume was 923,655 . The stock had closed at $72.89 on the previous day.

The stock has recorded a 20-day Moving Average of 7.94% and the 50-Day Moving Average is 10.49%. Quintiles Transnational Holdings Inc. is up 5.7% in the last 3-month period. Year-to-Date the stock performance stands at 7.82%.

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